This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Car Rental Service Market

Market Insights on Car Rental Service covering sales outlook, demand forecast & up-to-date key trends

Car Rental Service Market by Car Type (Economy Cars, Compact Cars, Luxury Cars, Intermediate Cars), End Use (Intercity, Intracity, On-Airport), Consumer Type (Business, Leisure), Booking Mode (Offline Access, Mobile Application), and Regions for 2021-2031

Car Rental Service Market Outlook—2021-2031

[300 Pages Report] The global car rental service market reached a valuation of US$ 127 Bn in 2020. Sales are forecast to grow at a 7.2% CAGR, pushing the market size to US$ 134 Bn in 2021.

Attribute

Details

Car Rental Service Market Estimated Size 2021

US$ 134 Bn

Car Rental Service Market Value-Based CAGR (2021-2031)

7.2%

Car Rental Service Market 2020-2021 Year-Over-Year Growth

5.7%

Car Rental Service Market Top Players Share in 2021.

6%-15%

Growing demand for luxury cars for short-term transportation services is expected to augment growth of the market in the forthcoming years. Besdies this, increasing participation in recreational activities among millennials is expected to continue boosting the market over the assessment period.

As per Future Market Insights (FMI), sales of car rental services represent 1-3% of the global transport market.

Customize this Report

Let us know your requirement to get
100% FREE customization

How The Market Progressed Till June 2022?

Market Statistics

Details

H1,2021 (A)

7.9%

H1,2022 Projected (P)

8.0%

H1,2022 Outlook (O)

8.8%

BPS Change : H1,2022 (O) - H1,2022 (P)

(+) 80 ↑

BPS Change : H1,2022 (O) - H1,2021 (A)

(+) 88 ↑

Future Market Insights predict a comparison and review analysis of the dynamics of the car rental market, which is principally subjected to an array of industry factors along with a few definite influences concerning viewpoints that support industry innovation.

Some new advances that have taken place in the market include the online platforms, which provides an easy, hassle-free money transfer facility through digital payment, along with live tracking and enhanced safety.

According to FMI analysis, the variation between the BPS values observed in the car rental market in H1, 2022 - Outlook over H1, 2022 Projected reflects a growth of 80 units. However, compared to H1, 2021, the market is expected to spike by 88 BPS in H1 -2022.

Key reasons for this change in growth rate is attributed to the steady uptake of the market during the first half of the forecast period, owed to the advancements in technology are enabling the expansion of web-based sales channels, which is resulting in higher sales in the market. 

In 2019, the Europcar Mobility Group, a France-based car rental company, had acquired a 100% stake in the U.S.-Fox Rent A Car Company, to expand its customer base of 15 million by 2023.

Despite these prospects, there are some likely challenges that stay ahead for the industry, which include strict CO2 emission standards set by governments, for automobiles is expected to hamper the growth of the global car rental industry.

2016-2020 Global Car Rental Service Market Outlook Compared to 2021-2031 Forecast

Advancements in technology are enabling the expansion of web-based sales channels, which is resulting in higher sales in the market. Online platforms allow customers to rent a car anytime and anywhere. They also assist the renter in initiating and manageing their reservations and payments on the go from a smartphone or tablet.

The car rental service business is a vision of a more flexible, faster, and responsive industry. Players such as The Hertz Corporation, Enterprise Holdings Inc., Avis Budget Group, and others already utilizing updated technologies to improve their customer experience as well as service.

For instance, National Car Renta, a subsidiary of Enterprise Holdings. Inc., has come up with the latest version of its National app. The app allows customers to skip the line and pick the car of their choice where it’s available. It also allows customers to select the before they arrive at the car rental location.

Further, opaque renting is a booking platform that allows online customers to offer the value they need to pay for a specific travel-related product or service without knowing the brand. The brand is revealed after the customer makes the online purchase. This platform gives rental car companies a chance to improce sales and to use their fleet to full capacity.

Car Rental Service Market Download Report Brochure

These trends are gaining traction amaong market players as consumers are seeking more cost-effective car rental services. Technological advancement in mobile capabilities, combined with the development of web-based media reinforces the opaque customer’s position and draw more cost-driven customers toward the opaque booking channel.

Backed by the aforementioned factors, sales are projected to increaset at a healthy 7.2% CAGR over the assessment period.

How Increasing Usage of Online Platforms is Pushing Sales?

Car rental services have become popular all around the globe, owing to easy booking and availability through online platforms. Vacationers are inclining towards the utilization of online booking platform as it provides an easy, hassle-free money transfer facility through digital payment, along with live tracking and enhanced safety. The increasing number of smartphone users and growing penetration of the internet plays a crucial role in the car rental services demand.

Daily commuters prefer online platforms to book shared cabs for office commute or riding within the city. Companies like Lyft, GoJek, Uber, Careem, and BlaBla Car offers a ride-sharing option, which is gaining traction among consumers. Besdies this, discounts and offers given by players on online bookings are attracting more customers, thereby augmenting growth of the market.  

In addition to this, governments in various countries such as the U.K., Norway, France and New Zealand are taking initiatives to reduce carbon emissions by encouraging the adoption of electric cars. These initiatives are compelling manufacturers to focus more on sustainable operations, which in turn is reducing the overall cost of each trip.

Sneha Verghese
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Country-wise Insights

How Big is the Opportunity in the U.S. for Car Rental Services Market?

“Rising Demand for Recreational Activities to Propel the U.S. Car Rental Service Market”

Rising number of recreational activities and excursions for work in the U.S., both locally and globally, is among the key factors that are driving sales in the market. Consumers are shifting towards to reduce costs of transportation, which is further boosting sales in the country.

The presence of popular car rental service providers in the country, such as The Hertz Corporation, Enterprise Holdings Inc., Avis Budget Group, Getaround Inc., and among others is expected to augment the growth of the market in the forthcoming years.

What Will be the Demand Outllook in the Asia Pacific Car Rental Services Market?

“Car Rental Companies to Gain Opportunities Owing to the Booming Tourism Industry”

Sales in East Asia and South Asia are projected to increase at a CAGR of 10.8% and 8.8% respectively between 2021-2031. The expansion of tourism in China and Japan is expected to create opportunities for growth over the assessment period.

Furthermore, improvemnets in the road safety infrastruction in India is expected to boost sales in the country. Besides this, growing demand and availability of luxury car rental services in china, Japan and India will complement growth of the market in the forthcoming years.

How Will the U.K. Car Rental Services Market Fare?

“Emergence of Online Channels to Spur the Demand for Rental Cars”

The U.K. is expected to account for a dominant share in the Europe car rental services market owing to the influx of global tourists in the country. Infrastructural growth, a rise in government spending, and the flourishing medical tourism sector in European countries will fuel the demand for car rental services.

Factors such as easy booking of rental cars through online channels, increasing globalization of corporate operations, growth in the travel and tourism domain, air travel, and shifting preference towards comfort travelling are influencing the growth of market in the U.K.

Category-wise Insights

Why Economy Cars are Most Preferred?

“Easy Availability of Economy Vehicles to Propel the Demand for Car Rental Services”

Based on car type, sales in the economy cars segment are expected to increase at a considerable rate over the forecast period. The sharing/pooling concept also attracts customers with a pre-determined mindset for a less expensive ride.

These factors along with the high availability of such cars are accelerating the demand for economy cars in the market. Growing health & environmental consciousness is also compelling consumers to opt for environmental-friendly products and services. Rising concern regarding pollution has also fueled the trend of ride sharing to reduce emissions, which is expected to continue driving sales in this segment.

Which is the Leading End Use Segment?

“On Airport Car Rentals Segment to Remain at the Forefront Stoked by Surging Business Travel”

In terms of end use, the on airport segment is expected to account for a lion’s share in the global car rental services market. Growth can be attributed to increasing participation in leisure and business travel among international and domestic consumers.

The high level of disposable income and the increasing air travel are set to create a large volume of domestic and international tourism. The emergence of multiple companies providing online booking service across the globe is another vital factor that is set to bode well for the segment.

Which is the Most Preferred Booking Mode?

“Online Car Booking through Mobile Applications is Expected to Gain Traction”

In terms of booking mode, sales in the mobile application segment are projected to increase at a remarkable pace over the forecast period. Growing number of mobile-based platforms such as Uber, and Lyft will countinue furling sales in this segment.

The increasing focus of renowned companies on the enhancement of their present working models by upgrading their existing public fleet is another factor that is expected to augur well for the segment. The surging demand for subscription models as these enable customers to maintain a strategic distance from long-term contracts and upfront capital necessities associated with renting is likely to drive the online car booking domain.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Competitive Landscape

Leading players operating in the market are aiming to improve their service offerings by providing discounts on airport rides, and other discount coupons. Mergers and acquisitions are also identified as key strategies adopted by players in the car rental market. For instance:

  • In January 2020, Localiza Rent-A-Car SA announced a merger with Car Rental Systems to meet its strategic guidelines for simplification and administrative and financial rationalization.
  • In September 2020, Enterprise Holdings, Inc. had entered into an agreement with The University of Pittsburgh. The partnership would help the University of Pittsburgh reduce costs and upgrade its fleet with alternative energy vehicles, which would further support the university’s commitment to making the campus carbon neutral by 2037. The company would lease a total of 268 electric and hybrid vehicles to the University of Pittsburgh, allowing them to enjoy the benefits of new, well-maintained vehicles that use greener vehicle technology.
  • In May 2020, to help the people who are in need of the blood during COVID-19 pandemic Hertz Global Holdings, Inc. had partnered with OneBlood. All blood centres are regulated by the FDA and have followed strict guidelines on how to operate. OneBlood meets all FDA guidelines and all team members had followed strict safety protocols. Hertz Global Holdings, Inc. had provided $25 rental vouchers to all donors.
  • In 2019, the Europcar Mobility Group, a France-based car rental company, had acquired a 100% stake in the U.S.-Fox Rent A Car Company, to expand its customer base of 15 million by 2023.

Car Rental Services Market Report Scope

Future Market Insights’ new market survey evaluates whether the increasing number of tourists will continue to propel the demand for car rental services in future. Car type and end users scoring high in consumers’ minds have been examined, while various factors influencing their dominance are scrutinized in detail.

It sheds light into numerous growth opportunities and prevailing trends in the car rental service market. It enables stakeholders to discover hidden prospects by providing a few exclusive chapters on key factors responsible for immense growth in car rental services demand.

The report offers elaborate information about the correlation between changing customer preference and the COVID-19 pandemic. It also underscores the impact of online car booking platforms and ride sharing facilities on the car rental service market share.

Future Market Insights studies why North America’s leading position is sealed in the car rental service industry. For instance, how is the surging number of recreational activities in the U.S. driving growth across North America has been investigated thoroughly.

The car rental service market analysis includes:

  • A 10-year car rental service market volume, consumption, and value forecast across 6 verticals
  • Feasibility analysis, financial status, company profiles, mergers and acquisitions, and strategies
  • Marketing channel analysis, raw material cost, manufacturing base, and market chain structure
  • Revenue analysis, market share, and product portfolio of top car rental service providers
  • Comprehensive details about trends prevalent exclusively in major regional pockets

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

US$ Million for Value

Report Coverage

Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

Key Segments Covered

  • Car Type
    • Economy Cars
    • Compact Cars
    • Intermediate Cars
    • Premium Cars
    • Luxury Cars
  • Consumer Type
    • Business
    • Leisure
  • Booking Mode
    • Offline Access
    • Mobile Application
  • Sector
    • Organized
    • Unorganized

Key Regions Covered

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Poland
    • Russia
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia
    • India
    • Thailand
    • Malaysia
    • Vietnam
    • Indonesia
  • Oceania
    • Australia
    • New Zealand
  • MEA
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa

Key End Users

  • Intercity
  • Intracity
  • On-Airport
  • Others

Key Companies Profiled

Enterprise Holding Inc., The Hertz Corporation, Avis Budget Group, Europcar Group, Carzonrent, Sixt SE, Enterprise Rent-A-Car, AI Futtaim Group, Localiza-Rent A Car, Eco Rent a Car, and GlobalCARS.

Customization & Pricing

Available upon Request

Car Rental Services Market by Category

By Car Type:

  • Economy Cars
  • Compact Cars
  • Intermediate Cars
  • Premium Cars
  • Luxury Cars
  • Others

 By End Use:

  • Intercity
  • Intracity
  • On-Airport
  • Others

By Consumer Type:

  • Business
  • Leisure

By Booking Mode:

  • Offline Access
  • Mobile Application
  • Other Internet Access

By Sector:

  • Organized
  • Unorganized

By Region:       

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Frequently Asked Questions

The global car rental services market is expected to reach US$ 134 Bn in 2021.

North America currently leads the global market for car rental services, holding more than 40% of the total market share.

Some of the leading companies in the car rental services market are Enterprise Holdings Inc., The Hertz Corporation, Avis Budget Group, Sixt SE, and Localiza-Rent A Car.

The East Asia car rental services market is projected to grow at a 10.8% CAGR over the forecast period.

The car rental services market in China is anticipated to expand at 12.2% CAGR over the forecast period.

Table of Content

1. Executive Summary

    1.1. Car Rental Market Outlook

    1.2. Summary of Key Statistics 

    1.3. Summary of Key Findings 

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Scope 

3. Key Market Trends

    3.1. Key Trends Impacting the Market

        3.1.1. Increasing deployment of car rental market

        3.1.2. Technology advancement in car type

        3.1.3. Soaring demand of sharing car rental services

        3.1.4. Impact of smartphone sales in car rental market

        3.1.5. Global internet statistics & impact assessment

    3.2. Product Innovation Trends

        3.2.1. Car technologies in current & future

        3.2.2. Area of Focus- Car Type Offering 

        3.2.3. Preferred Mode of Booking & Booking Pattern

            3.2.3.1. Offline Access

            3.2.3.2. Mobile End Use

            3.2.3.3. Other Internet Access

4. Impact of Covid-19 on the World, and Economies

    4.1. Covid-19 The Situation Now

    4.2. The Effects of National Lockdown on Various Countries

    4.3. Scenarios For The Economic Impact of The Covid-19 Crisis

    4.4. Industries Affected By Coronavirus Outbreak Worldwide

    4.5. Projected Recovery for Hardest Hit Sectors

    4.6. Coronavirus Impact on The World of Work

    4.7. Impact of Covid-19 on Manufacturing Industry

    4.8. Manufacturing Purchasing Managers Index, 2020

    4.9. Impact of Covid-19 on Supply Chain Worldwide

    4.10. Planning & Managing During Covid-19 Pandemic

    4.11. Upcoming Pointers Business Leaders Should Focus On

5. The Massive Impact of the Crisis

    5.1. An economic and labor market shock impacting the production, consumption and investments

    5.2. Impact of declining global growth on unemployment based on three scenarios, world and income groups

    5.3. Countries in action: How have countries been responding?

    5.4. The Economic Impact of the COVID-19 Outbreak on Developing Asia

    5.5. Impact of COVID-19 on the Gross Domestic Product of Selected Economies

    5.6. Current Economic Projection – GDP/GVA and probable impact

    5.7. Comparison of SAARs and market recovery, comparison to 2008 financial crisis and market recovery and forecast comparison for recovery of COVID 19

        5.7.1. Cluster Wise Comparison of all Key Countries (USA, Italy, Spain, Germany, France, UK, China, India, South Korea, Japan, Iran etc.)

6. The 2020 Market Size of Car Rental Services

    6.1. Previous forecast

    6.2. Quarter by Quarter forecast, 2020

    6.3. Projected Recovery Quarter

    6.4. Change In Market Size by –

        6.4.1. Regions

        6.4.2. Car Type

        6.4.3. End Use

        6.4.4. Customer type

        6.4.5. Booking Mode

        6.4.6. Sector

7. Key Success Factors

    7.1. Factors impacting the market –

        7.1.1. New Service offering

        7.1.2. Car Sharing Concept

        7.1.3. New Car Launches

        7.1.4. Environment Concern of Population

        7.1.5. Government Initiatives

    7.2. Strategic Promotional Strategies

8. Global Car Rental Market Demand (in Value or Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031

    8.1. Historical Market Value (US$ Mn) Analysis, 2016-2020

    8.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031

        8.2.1. Y-o-Y Growth Trend Analysis

        8.2.2. Absolute $ Opportunity Analysis

9. Market Background

    9.1. Global Car Rental Market Overview & Statistics, 2019

    9.2. Global Car Production & Sales Overview

    9.3. Global Tourism Industry Impact & Overview

    9.4. Macro-Economic Factors

        9.4.1. Global GDP Growth Outlook

        9.4.2. Global Urbanization growth matrix

        9.4.3. Global Per capita Disposable Income

        9.4.4. Global Population Growth Outlook

        9.4.5. Government’s Push for Car Sharing

    9.5. Forecast Factors - Relevance & Impact

        9.5.1. Top Companies Historical Growth 

        9.5.2. Global Population Outlook

        9.5.3. Global Tourist Arrival Outlook

        9.5.4. Global Urbanization Outlook

        9.5.5. Global Internet Market Outlook

        9.5.6. Global Smartphone Market Overview

    9.6. Market Dynamics

        9.6.1. Drivers

        9.6.2. Restraints

        9.6.3. Opportunity Analysis

10. Global Car Rental Market Analysis 2016-2020 and Forecast 2021-2031, By Car Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) Analysis By Car Type, 2016-2020

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Car Type, 2021-2031

        10.3.1. Economy Cars

        10.3.2. Luxury Cars

        10.3.3. Intermediate Cars

        10.3.4. Executive Cars

        10.3.5. Others 

    10.4. Market Attractiveness Analysis By Car Type

11. Global Car Rental Market Analysis 2016-2020 and Forecast 2021-2031, By End Use

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Analysis By End Use, 2016-2020

    11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use, 2021-2031

        11.3.1. Intercity 

        11.3.2. Intracity

        11.3.3. On Airport

        11.3.4. Others

    11.4. Market Attractiveness Analysis By End Use

12. Global Car Rental Market Analysis 2016-2020 and Forecast 2021-2031, by Customer Type

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Analysis By Customer Type, 2016-2020

    12.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Customer Type, 2021-2031

        12.3.1. Business 

        12.3.2. Leisure

    12.4. Market Attractiveness Analysis By Customer Type

13. Global Car Rental Market Analysis 2016-2020 and Forecast 2021-2031, by Booking Mode

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Mn) Analysis By Booking Mode, 2016-2020

    13.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Booking Mode, 2021-2031

        13.3.1. Offline Access

        13.3.2. Online Access

    13.4. Market Attractiveness Analysis By Booking Mode

14. Global Car Rental Market Analysis 2016-2020 and Forecast 2021-2031, by Sector

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ Mn) Analysis By Sector, 2016-2020

    14.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Sector, 2021-2031

        14.3.1. Organised 

        14.3.2. Unorganised 

    14.4. Market Attractiveness Analysis By Sector

15. Global Car Rental Analysis 2016-2020 and Forecast 2021-2031, by Region

    15.1. Introduction / Key Findings

    15.2. Historical Market Size (US$ Mn) Analysis By Region, 2016-2020

    15.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Region, 2021-2031

        15.3.1. North America

        15.3.2. Latin America

        15.3.3. Europe

        15.3.4. South Asia

        15.3.5. East Asia

        15.3.6. Oceania

        15.3.7. Middle East & Africa

    15.4. Market Attractiveness Analysis By Region

16. North America Car Rental Analysis 2016-2020 and Forecast 2021-2031

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        16.3.1. By Country

            16.3.1.1. U.S.

            16.3.1.2. Canada

        16.3.2. By Car Type

        16.3.3. By End Use

        16.3.4. By Customer type

        16.3.5. By Booking Mode

        16.3.6. By Sector

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Car Type

        16.4.3. By End -Use

        16.4.4. By Customer type

        16.4.5. By Booking Mode

        16.4.6. By Sector

    16.5. Market Trends

    16.6. Drivers and Restraints - Impact Analysis

17. Latin America Car Rental Analysis 2016-2020 and Forecast 2021-2031

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        17.3.1. By Country

            17.3.1.1. Brazil

            17.3.1.2. Mexico

            17.3.1.3. Rest of Latin America

        17.3.2. By Car Type

        17.3.3. By End -Use

        17.3.4. By Customer type

        17.3.5. By Booking Mode

        17.3.6. By Sector

    17.4. Market Attractiveness Analysis

        17.4.1. By Country

        17.4.2. By Car Type

        17.4.3. By End Use

        17.4.4. By Customer type

        17.4.5. By Booking Mode

        17.4.6. By Sector

    17.5. Market Trends

    17.6. Drivers and Restraints - Impact Analysis

18. Europe Car Rental Analysis 2016-2020 and Forecast 2021-2031

    18.1. Introduction

    18.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        18.3.1. By Country

            18.3.1.1. Germany

            18.3.1.2. France

            18.3.1.3. U.K.

            18.3.1.4. Italy

            18.3.1.5. Spain

            18.3.1.6. Nordic

            18.3.1.7. Benelux

            18.3.1.8. Rest of Europe

        18.3.2. By Car Type

        18.3.3. By End Use

        18.3.4. By Customer type

        18.3.5. By Booking Mode

        18.3.6. By Sector

    18.4. Market Attractiveness Analysis

        18.4.1. By Country

        18.4.2. By Car Type

        18.4.3. By End Use

        18.4.4. By Customer type

        18.4.5. By Booking Mode

        18.4.6. By Sector

    18.5. Market Trends

    18.6. Drivers and Restraints - Impact Analysis

19. East Asia Car Rental Analysis 2016-2020 and Forecast 2021-2031

    19.1. Introduction

    19.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        19.3.1. By Country

            19.3.1.1. China

            19.3.1.2. Japan

            19.3.1.3. South Korea

        19.3.2. By Car Type

        19.3.3. By End Use

        19.3.4. By Customer type

        19.3.5. By Booking Mode

        19.3.6. By Sector

    19.4. Market Attractiveness Analysis

        19.4.1. By Country

        19.4.2. By Car Type

        19.4.3. By End Use

        19.4.4. By Customer type

        19.4.5. By Booking Mode

        19.4.6. By Sector

    19.5. Market Trends

    19.6. Drivers and Restraints - Impact Analysis

20. South Asia Car Rental Analysis 2016-2020 and Forecast 2021-2031

    20.1. Introduction

    20.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    20.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        20.3.1. By Country

            20.3.1.1. India

            20.3.1.2. Thailand

            20.3.1.3. Indonesia

            20.3.1.4. Malaysia

            20.3.1.5. Rest of South Asia

        20.3.2. By Car Type

        20.3.3. By End Use

        20.3.4. By Customer type

        20.3.5. By Booking Mode

        20.3.6. By Sector

    20.4. Market Attractiveness Analysis

        20.4.1. By Country

        20.4.2. By Car Type

        20.4.3. By End Use

        20.4.4. By Customer type

        20.4.5. By Booking Mode

        20.4.6. By Sector

    20.5. Market Trends

    20.6. Drivers and Restraints - Impact Analysis

21. Oceania Car Rental Analysis 2016-2020 and Forecast 2021-2031

    21.1. Introduction

    21.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    21.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        21.3.1. By Country

            21.3.1.1. Australia

            21.3.1.2. New Zealand

        21.3.2. By Car Type

        21.3.3. By End Use

        21.3.4. By Customer type

        21.3.5. By Booking Mode

        21.3.6. By Sector

    21.4. Market Attractiveness Analysis

        21.4.1. By Country

        21.4.2. By Car Type

        21.4.3. By End-Use

        21.4.4. By Customer type

        21.4.5. By Booking Mode

        21.4.6. By Sector

    21.5. Market Trends

    21.6. Drivers and Restraints - Impact Analysis

22. Middle East and Africa Car Rental Analysis 2016-2020 and Forecast 2021-2031

    22.1. Introduction

    22.2. Historical Market Size (US$ Mn)Trend Analysis By Market Taxonomy, 2016-2020

    22.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        22.3.1. By Country

            22.3.1.1. GCC Countries

            22.3.1.2. South Africa

            22.3.1.3. Rest of MEA

        22.3.2. By Car Type

        22.3.3. By End-Use

        22.3.4. By Customer type

        22.3.5. By Booking Mode

        22.3.6. By Sector

    22.4. Market Attractiveness Analysis

        22.4.1. By Country

        22.4.2. By Car Type

        22.4.3. By End-Use

        22.4.4. By Customer type

        22.4.5. By Booking Mode

        22.4.6. By Sector

    22.5. Market Trends

    22.6. Drivers and Restraints - Impact Analysis

23. Market Structure Analysis

    23.1. Market Analysis by Tier of Companies (Car Rental)

    23.2. Market Concentration

    23.3. Market Share Analysis of Top Players

    23.4. Market Presence Analysis

        23.4.1. By Regional Foot Print of Players

        23.4.2. Channel Foot Print by Players

24. Competition Analysis

    24.1. Competition Dashboard

    24.2. Competition Benchmarking

    24.3. Competition Deep Dive 

        24.3.1. Enterprise Holdings, Inc.

            24.3.1.1. Overview

            24.3.1.2. Service Offering

            24.3.1.3. Market Footprint

            24.3.1.4. Strategy Overview

                24.3.1.4.1. Marketing Strategy

                24.3.1.4.2. Product/Service Strategy

                24.3.1.4.3. Channel Strategy

        24.3.2. The Hertz Corporation

            24.3.2.1. Overview

            24.3.2.2. Service Offering

            24.3.2.3. Market Footprint

            24.3.2.4. Strategy Overview

                24.3.2.4.1. Marketing Strategy

                24.3.2.4.2. Product/Service Strategy

                24.3.2.4.3. Channel Strategy

        24.3.3. Avis Budget Group

            24.3.3.1. Overview

            24.3.3.2. Service Offering

            24.3.3.3. Market Footprint

            24.3.3.4. Strategy Overview

                24.3.3.4.1. Marketing Strategy

                24.3.3.4.2. Product/Service Strategy

                24.3.3.4.3. Channel Strategy

        24.3.4. Europcar Group

            24.3.4.1. Overview

            24.3.4.2. Service Offering

            24.3.4.3. Market Footprint

            24.3.4.4. Strategy Overview

                24.3.4.4.1. Marketing Strategy

                24.3.4.4.2. Product/Service Strategy

                24.3.4.4.3. Channel Strategy 

        24.3.5. Carzonrent

            24.3.5.1. Overview

            24.3.5.2. Service Offering

            24.3.5.3. Market Footprint

            24.3.5.4. Strategy Overview

                24.3.5.4.1. Marketing Strategy

                24.3.5.4.2. Product/Service Strategy

                24.3.5.4.3. Channel Strategy

        24.3.6. Sixt SE

            24.3.6.1. Overview

            24.3.6.2. Service Offering

            24.3.6.3. Market Footprint

            24.3.6.4. Strategy Overview

                24.3.6.4.1. Marketing Strategy

                24.3.6.4.2. Product/Service Strategy

                24.3.6.4.3. Channel Strategy

        24.3.7. Al Futtaim Group

            24.3.7.1. Overview

            24.3.7.2. Service Offering

            24.3.7.3. Market Footprint

            24.3.7.4. Strategy Overview

                24.3.7.4.1. Marketing Strategy

                24.3.7.4.2. Product/Service Strategy

                24.3.7.4.3. Channel Strategy

        24.3.8. Localiza - Rent A Car

            24.3.8.1. Overview

            24.3.8.2. Service Offering

            24.3.8.3. Market Footprint

            24.3.8.4. Strategy Overview

                24.3.8.4.1. Marketing Strategy

                24.3.8.4.2. Product/Service Strategy

                24.3.8.4.3. Channel Strategy

        24.3.9. Eco Rent A Car

            24.3.9.1. Overview

            24.3.9.2. Service Offering

            24.3.9.3. Market Footprint

            24.3.9.4. Strategy Overview

                24.3.9.4.1. Marketing Strategy

                24.3.9.4.2. Product/Service Strategy

                24.3.9.4.3. Channel Strategy

        24.3.10. Enterprise Rent-A-Car

            24.3.10.1. Overview

            24.3.10.2. Service Offering

            24.3.10.3. Market Footprint

            24.3.10.4. Strategy Overview

                24.3.10.4.1. Marketing Strategy

                24.3.10.4.2. Product/Service Strategy

                24.3.10.4.3. Channel Strategy

        24.3.11. GlobalCARS

            24.3.11.1. Overview

            24.3.11.2. Service Offering

            24.3.11.3. Market Footprint

            24.3.11.4. Strategy Overview

                24.3.11.4.1. Marketing Strategy

                24.3.11.4.2. Product/Service Strategy

                24.3.11.4.3. Channel Strategy

        24.3.12. Others (On Request)

            24.3.12.1. Overview

            24.3.12.2. Service Offering

            24.3.12.3. Market Footprint

            24.3.12.4. Strategy Overview

                24.3.12.4.1. Marketing Strategy

                24.3.12.4.2. Product/Service Strategy

                24.3.12.4.3. Channel Strategy

25. Assumptions and Acronyms Used

26. Research Methodology

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

Table 01: Global Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 02: Global Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 03: Global Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 04: Global Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 05: Global Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 06: Global Car Rental Market Value (US$ Mn) Forecast, By Region, 2016-2031

Table 07: North America Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 08: North America Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 09: North America Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 10: North America Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 11: North America Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 12: North America Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 13: Latin America Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 14: Latin America Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 15: Latin America Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 16: Latin America Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 17: Latin America Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 18: Latin America Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 19: Europe Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 20: Europe Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 21: Europe Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 22: Europe Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 23: Europe Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 24: Europe Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 25: East Asia Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 26: East Asia Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 27: East Asia Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 28: East Asia Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 29: East Asia Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 30: East Asia Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 31: East Asia Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 32: South Asia Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 33: South Asia Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 34: South Asia Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 35: South Asia Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 36: South Asia Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 37: South Asia Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 38: Oceania Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 39: Oceania Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 40: Oceania Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 41: Oceania Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 42: Oceania Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 43: Oceania Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Table 44: MEA Car Rental Market Value (US$ Mn) Forecast, By Country, 2016-2031

Table 45: MEA Car Rental Market Value (US$ Mn) Forecast, By Car Type, 2016-2031

Table 46: MEA Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 47: MEA Car Rental Market Value (US$ Mn) Forecast, By End Use, 2016-2031

Table 48: MEA Car Rental Market Value (US$ Mn) Forecast, By Booking Mode, 2016-2031

Table 49: MEA Car Rental Market Value (US$ Mn) Forecast, By Sector, 2016-2031

Sneha Verghese
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

Figure 01: Global Car Rental Market Value (US$ Mn), 2016-2020

Figure 02: Global Car Rental Market Absolute $ Opportunity Value (US$ Mn), 2021-2031

Figure 03: Global Car Rental Market Value (US$ Mn) Forecast, 2021-2031

Figure 04: Global Car Rental Market Share and BPS Analysis by Car Type, 2021 & 2031

Figure 05: Global Car Rental Market Y-o-Y Growth (%) Projections by Car Type, 2021-2031

Figure 06: Global Car Rental Market Attractiveness by Car Type, 2021-2031

Figure 07: Global Car Rental Market Share and BPS Analysis by End Use, 2021 & 2031

Figure 08: Global Car Rental Market Y-o-Y Growth (%) Projections by End Use, 2021-2031

Figure 09: Global Car Rental Market Attractiveness by End Use, 2021-2031

Figure 10: Global Car Rental Market Share and BPS Analysis by Customer Type, 2021 & 2031

Figure 11: Global Car Rental Market Y-o-Y Growth (%) Projections by Customer Type, 2021-2031

Figure 12: Global Car Rental Market Attractiveness by Customer Type, 2021-2031

Figure 13: Global Car Rental Market Share and BPS Analysis by Booking Mode, 2021 & 2031

Figure 14: Global Car Rental Market Y-o-Y Growth (%) Projections by Booking Mode, 2021-2031

Figure 15: Global Car Rental Market Attractiveness by Booking Mode, 2021-2031

Figure 16: Global Car Rental Market Share and BPS Analysis by Sector, 2021 & 2031

Figure 17: Global Car Rental Market Y-o-Y Growth (%) Projections by Sector, 2021-2031

Figure 18: Global Car Rental Market Attractiveness by Sector, 2021-2031

Figure 19: Global Car Rental Market Share and BPS Analysis by Region, 2021 & 2031

Figure 20: Global Car Rental Market Y-o-Y Growth (%) Projections by Region, 2021-2031

Figure 21: Global Car Rental Market Attractiveness by Region, 2021-2031

Figure 22: North America Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 23: North America Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 24: North America Car Rental Market Attractiveness by Country, 2021-2031

Figure 25: North America Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 26: North America Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 27: North America Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 28: North America Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 29: North America Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 30: Latin America Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 31: Latin America Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 32: Latin America Car Rental Market Attractiveness by Country, 2021-2031

Figure 33: Latin America Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 34: Latin America Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 35: Latin America Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 36: Latin America Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 37: Latin America Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 38: Europe Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 39: Europe Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 40: Europe Car Rental Market Attractiveness by Country, 2021-2031

Figure 41: Europe Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 42: Europe Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 43: Europe Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 44: Europe Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 45: Europe Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 46: East Asia Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 47: East Asia Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 48: East Asia Car Rental Market Attractiveness by Country, 2021-2031

Figure 49: East Asia Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 50: East Asia Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 51: East Asia Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 52: East Asia Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 53: East Asia Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 54: South Asia Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 55: South Asia Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 56: South Asia Car Rental Market Attractiveness by Country, 2021-2031

Figure 57: South Asia Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 58: South Asia Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 59: South Asia Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 60: South Asia Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 61: South Asia Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 62: Oceania Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 63: Oceania Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 64: Oceania Car Rental Market Attractiveness by Country, 2021-2031

Figure 65: Oceania Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 66: Oceania Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 67: Oceania Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 68: Oceania Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 69: Oceania Car Rental Market Attractiveness Index by Sector, 2021-2031

Figure 70: MEA Car Rental Market Share and BPS Analysis by Country, 2021 & 2031

Figure 71: MEA Car Rental Market Y-o-Y Growth (%) Projections by Country, 2021-2031

Figure 72: MEA Car Rental Market Attractiveness by Country, 2021-2031

Figure 73: MEA Car Rental Market Attractiveness Index by Car Type, 2021-2031

Figure 74: MEA Car Rental Market Attractiveness Index by End Use, 2021-2031

Figure 75: MEA Car Rental Market Attractiveness Index by Customer Type, 2021-2031

Figure 76: MEA Car Rental Market Attractiveness Index by Booking Mode, 2021-2031

Figure 77: MEA Car Rental Market Attractiveness Index by Sector, 2021-2031

Need specific information?

Request Customization

Explore Consumer Product Insights

View Reports

Recommendations

Consumer Product

Online Home Rental Market

Published : July 2020

Consumer Product

Car Covers Market

Published : August 2019

Consumer Product

Car Seat and Accessories Market

Published : January 2019

Consumer Product

Online Clothing Rental Market

Published : February 2021

Google translate

Car Rental Service Market